Tradeweb Markets Inc. (TW) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Tradeweb Markets Inc. (TW) carries a Roarable Rating of C+ (Hold) with 69/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How TW Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $2.05B | 44% | 40.7% | $812.8M | $1.13B | 13.5% |
| FY 2024 | $1.73B | 44% | 39.3% | $501.5M | $856.8M | 11% |
| FY 2023 | $1.34B | 44% | 37.8% | $364.9M | $685.9M | 4.3% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring TW)
- ✓Live walkthrough of TW's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
TW Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +18.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on TW today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for TW. Explore sector supply chains on /butterfly.
TW Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Tradeweb Markets Inc. (TW)?
In FY 2025 (10-K), TW converted $2.1B of revenue into a 44% gross margin, 40.7% operating margin, and $1.1B in free cash flow (54.9% FCF margin).